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TOPIC: Cost functions scenarios

Cost functions scenarios 3 weeks 3 days ago #23774

  • Mirit Ben Harush shmilovich
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How can i pick the right function to the question?
for example:
TCPI - (BAC-EV)/ (BAC-AC) OR (BAC-EV)/(EAC-AC)
What question should be asked in order to understand what to choose?

Thanks!

Cost functions scenarios 3 weeks 2 days ago #23775

  • Harry Elston
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MIrit:

The question will provide you with all of the variables you need to select the correct equation or it will be a 2-step problem solving question. On my PMP exam, however, I did not encounter any of more advanced formule though.

Good luck!

Harry
+++++
Harry J. Elston, Ph.D., CIH, PMP
The following user(s) said Thank You: Mirit Ben Harush shmilovich

Cost functions scenarios 3 weeks 2 days ago #23784

  • Deepti Bhattacharya
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Usually the questions in simulator mention, if it is to be calculated to original budget or it would say original budget is not valid, so calculated TCPI for new forecasted value. usually very clear.
The following user(s) said Thank You: Mirit Ben Harush shmilovich
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